Subscribe to our mailing list

Enterprise Information Roundup, April 11

Banking

BofA restricts

gun financing

Financial institution of America plans to cease lending to firms that make assault-style weapons used for non-military functions.

“It’s our intention to not finance these military-style firearms for civilian use,” Anne Finucane, a vice chairman at Financial institution of America, mentioned Tuesday on Bloomberg Tv.

It’s the primary time an govt on the nation’s second-largest financial institution has mentioned the way it will cope with gun-industry shoppers within the wake of the Florida highschool capturing in February.

Powered by WPeMatico

Author: Techno Info

VN:F [1.9.22_1171]
Rating: 0.0/10 (0 votes cast)
VN:F [1.9.22_1171]
Rating: 0 (from 0 votes)

Author Spotlight